FHLB sells first-ever SOFR-based bonds
12 Nov FHLB sells first-ever SOFR-based bonds
Posted at 20:51h
in
News
by KMFSLLP
The Federal Home Loan Banks on Tuesday
sold its first-ever bonds tied to the Secured Overnight
Financing Rate (SOFR), which is an alternative to the London
interbank offered rate (LIBOR) that may cease to exist after
2021.
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